Utah
Bridge Buys Sacramento MF for $85M
Salt Lake City-based Bridge Investment Group acquired The Fountains at Point West, a 339-unit value-add multifamily property in Sacramento, from… Read more
St. John Properties Developing $120M Utah Business Parks
St. John Properties acquired two properties and immediately announced development plans for business parks in Taylorsville and Springville, UT. Together,… Read more
IPA Expands Phoenix Team with Two CRE Industry Vets
Institutional Property Advisors (IPA), a division of Marcus & Millichap, expanded its team in Phoenix with the addition of Peter… Read more
Bridge Promotes Isela Rosales to Leadership Role for Capital Markets, ESG and Sustainability
Salt Lake City-based Bridge Investment Group named Isela Rosales Managing Director of Capital Markets, ESG and Sustainability. She will lead… Read more
KBS Divests Salt Lake City’s Hardware Apartments to Oakmont
Newport Beach, CA-based KBS sold Hardware Apartments, a 463,956 square-foot, Class A resort-style apartment community in Salt Lake City. The… Read more
RD Management Advances on 7 Development Projects
New York City-based RD Management LLC said it has seven luxury multifamily projects consisting of more than 2,000 units in… Read more
Carr Properties’ Paul Stromberg Joins Marcus Partners
Boston-based Marcus Partners has recruited Paul Stromberg to help lead an expansion in the Washington, D.C. metro area. As SVP of asset… Read more
Park City MF Project Secures Development Funding
Lincoln Station, LLC secured $19.3 million in construction and permanent financing for development of Lincoln Station, a 76-unit mixed-use community… Read more
Providing Affordable Housing for America’s Seniors
By Jennifer Duell Popovec As the world struggles to contain the COVID-19 pandemic, this unprecedented environment has created an economic… Read more
Multifamily Renters (Mostly) Pay on Time as COVID-19 Spreads
By Paul Bubny With apologies to the old game show that went by this name, it’s not “the $64,000 question”… Read more
Arizona GDP Growth Among Nation’s Top in 2019
The Bureau of Economic Analysis ranked Arizona among the top states in the nation for gross domestic product growth, both… Read more
ARKA Properties Obtains 364K-SF, 100%-Leased Property Near SLC
ARKA Properties Group shook hands with KPFN Properties LLC for ownership rights to a 363,996-square-foot industrial property in West Jordan,… Read more
EnerBank Inks First Deal at SLC’s 650 Main
EnerBank USA is the first tenant to sign for space at 650 Main, a planned 10-story, 326,000-square-foot, Class A office… Read more
Harbor Associates Acquires Carlsbad Office Campus for $34M
Long Beach-based Harbor Associates has acquired the Cornerstone Corporate Center in Carlsbad, CA, from Salt Lake City-based Wasatch Group for… Read more
$39M Construction Financing Secured for North Union Apartments
Rockworth Cos. secured financing to the tune of $39.5 million to build the 223-unit North Union Apartments, a garden-style multifamily… Read more
Xenia Set for Sale of 7 Hotels for $483M
Florida’s Xenia Hotels & Resorts is selling a seven-hotel portfolio for $483 million to an undisclosed buyer. The portfolio totals… Read more
Bixby Land Promotes Two Executives
Newport Beach-based Bixby Land Company has promoted Asset Manager Lindsey Olson to the position of the company’s Director of Operations,… Read more
Alianza Signs HQ Lease at Utah’s Valley Grove I
Cloud software company Alianza Inc. took down 29,000 square feet at Valley Grove I in Pleasant Grove, UT. The space… Read more
Second Square Location to Open in SLC’s Kearns Building
Hines announced that Kearns Building in Salt Lake City is the second property in its portfolio to offer The Square,… Read more